U.S. publicly traded company Cypherpunk invests $29 million to acquire an additional 56,418.09 ZEC tokens

Foresight News reports that Nasdaq-listed privacy technology company Cypherpunk announced it has invested an additional $29 million to acquire 56,418.09 ZEC tokens, with an average purchase price of $514.02. As of now, the company’s total ZEC holdings have reached 290,062.67 tokens, accounting for approximately 1.76% of the current total circulating supply of ZEC. Cypherpunk CEO Will McEvoy stated that the company’s goal is to increase its ZEC holdings to 5% of the circulating supply.

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